Melton Mowbray Building Society Conveyancing Panel Information

The information on this page is designed to keep solicitors and licensed conveyancers abreast of latest requirements changes by Melton Mowbray Building Society and to assist in remaining on the Melton Mowbray Building Society Approved Conveyancing Solicitors Panel.

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Melton Mowbray Building Society Solicitor Panel Information:

What are the Melton Mowbray Building Society conveyancing panel arrangements?

Unlike the CML the Building Society Mortgage Instructions deal with this. Section A.12 states ‘In order to act on our behalf your firm or company must be a member of our conveyancing panel provided we are a society that operates one – see specific requirements for details of our arrangements. The Special Requirements state:

All conveyancers are subject to panel requirements and must be approved onto the Society's conveyancing panel. Please refer to the mortgage completions team if further information is required.

You must also comply with the terms and conditions of your Melton Mowbray Building Society solicitor panel appointment.

Do Melton Mowbray Building Society or the Building Society Association run CPD seminars for the Melton Mowbray Building Society approved solicitor panel in much the same way that the Law Society run cases for CQS accedited practices?

This not something that the BSA would traditionally get involved with although they do provided numerous useful conveyancing related conferences which are attended by firms on the Melton Mowbray Building Society conveyancing panel. It is our intention to run specific lender focused seminars in the coming months including a webinar on Melton Mowbray Building Society’s requirements . Practitioners on the Melton Mowbray Building Society conveyancing panel are welcome . Further details will be communicated as part of the LENDERmonitor Alerts .

An established client of mine is buying a new build house for £740k in Cheshire requiring a mortgage advance over GBP 440,000. I am on the Melton Mowbray Building Society conveyancing panel but do Melton Mowbray Building Society have a separate approved panel when a mortgage is above 300,000?

We only know of a couple of banks that operate a separate conveyancing panel where the mortgage advance is over a certain threshold. You should nevertheless check directly with Melton Mowbray Building Society. At one stage HSBC would only allow Sole practitioners to act for them where the mortgage was below £150,000. We are not sure if HSBC still operate such a condition. In your case it is best to check with Melton Mowbray Building Society

A recent SRA survey reveals that three quarters of solicitors have been removed or threatened with removal from a lender conveyancing panel. Melton Mowbray Building Society and other building societies have restricted their panel over the years. Why?

The feeling from lenders generally (we can not speak for Melton Mowbray Building Society specifically), is that for too long solicitors have concentrated on their duty of care to their purchasing client, and have paid scant attention to the duty they owe to the lender, whom they conveniently forget is also their client.

Looking from the lenders’ perspective, it has to be said that there are pressures to encourage smaller panels. The Financial Services Authority regards the open panel system as a major contributor to mortgage fraud and negligence cases, and has been leaning on lenders to move to proactive panel management, which is more expensive the larger the panel. Hence it is becoming more common for lenders to charge fees, and/or require extensive form-filling, from would-be panel members

Melton Mowbray Building Society and other BSA lenders are in varying stages of reviewing their approach to vetting firms on their conveyancing panels, to ensure their ongoing exposure to unsuitable firms is reduced.

My firm is not on the Melton Mowbray Building Society approved panel among other banks . My clients, who have applied for a mortgage with Melton Mowbray Building Society still want me to act for them even though I am not on the Melton Mowbray Building Society panel. Is it fine for me to use a local to represent Melton Mowbray Building Society on mortgage aspect of the transaction?

You need to be careful here as what you are proposing may not be acceptable to the lender. It is possible that you (as a non-panel firm) or the mortgage applicant are not entitled instruct a panel firm of your choice. An increasing amount of lenders are making it clear to their panel firms that where a non-panel member firm is instructed by one of their mortgage applicants, the lender will appoint a panel firm to carry out its instructions and to liaise with the borrower's conveyancer. You also need to make the costs implications and potential for delay very clear to your client.

My firm is on the Melton Mowbray Building Society conveyancing panel. I am dealing with Melton Mowbray Building Society mortgage on a purchase. My borrower client is asking not to disclose an issue to Melton Mowbray Building Society. What do I do in this conflict situation?

When a solicitor is acting for both Melton Mowbray Building Society and borrower there is potential for conflicts to arise. You owe duties to both clients. All information received by you from your client is confidential and cannot be disclosed without the client’s consent.

In your situation, if the purchaser will not consent to the information being passed on to the lender, the solicitor must cease to act for Melton Mowbray Building Society and it may well be prudent for you to cease to act for the purchaser as well. You must not inform Melton Mowbray Building Society of the reason for termination of the retainer over and above the fact that a conflict has arisen. The fact that you can no longer act should alert even the most somnambulistic of lenders that something is wrong with the borrower and/or purchase. The fact that you have disinstructed yourself should not affect your Melton Mowbray Building Society conveyancing panel status.

What lender panels do you receive the most questions about?

BSA lenders do not come within the top 20 lenders in terms of frequency of questions. The most popular lender panels in terms of questions are as follows:

We are a 3-partner firm on the Melton Mowbray Building Society conveyancing panel. Do you have ideas as to how we can market our practice as specialists in conveyancing in Hendon on the Melton Mowbray Building Society panel?

11 borrowers search for a solicitor on the Melton Mowbray Building Society panel every 4 weeks in Hendon. The lenderpanel directory service team who will show you how your firm can be listed by those searching for conveyancing in Hendon.

Find a Lawyer on the Melton Mowbray Building Society Approved Conveyancing Solicitors Panel

Average number of days to register title including a charge in favour of Melton Mowbray Building Society

This information relates to purchase only and not remortgages.

Year	Days*
2025	[no data]
2024	[no data]
2023	[no data]
2022	[no data]
2021	[no data]
2020	[no data]

* Data aggregated from sources including COMPLETIONmonitor

Find solicitors on the Melton Mowbray Building Society panel near you:

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